Price for Non-Furniture Refrigerating or Freezing Equipment in Qatar - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Qatar (CIF) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Qatar
Price for Non-Furniture Refrigerating or Freezing Equipment in Qatar (CIF) - 2022
In 2022, the average import price for non-furniture refrigerating or freezing equipment amounted to $1,186 per unit, declining by -49.9% against the previous year. Overall, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 185% against the previous year. As a result, import price reached the peak level of $2,367 per unit, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,141 per unit), while the price for China ($247 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Qatar
In 2022, overseas purchases of non-furniture refrigerating or freezing equipment increased by 114% to 26K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep contraction. Imports peaked at 44K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-furniture refrigerating or freezing equipment imports rose sharply to $31M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked at $31M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.8 | 13.5 | 11.9 | 7.0 | 1.0% |
| China | 2.3 | 3.5 | 5.0 | 4.7 | 26.9% |
| India | 1.6 | 2.0 | 2.0 | 1.9 | 5.9% |
| Turkey | 2.2 | 0.8 | 1.9 | 0.9 | -25.8% |
| South Korea | 0.5 | 0.6 | 0.4 | 0.2 | -26.3% |
| Others | 17.8 | -0.6 | 7.3 | 15.7 | -4.1% |
| Total | 31.2 | 19.9 | 28.5 | 30.5 | -0.8% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Qatar in 2022:
- China (19.2K units)
- Italy (10.0K units)
- India (6.0K units)
- Turkey (0.4K units)
- South Korea (0.3K units)
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